J.P. Morgan chief executive Jamie Dimon on Thursday denied that he plans on running for president.
Dimon told CNBC, "I have no intention of running for president."
His response comes the same week that Howard Schultz, former CEO of Starbucks, announced that he will step down at the end of the month, causing speculation that he intends to follow President Donald Trump’s example and run for high office.
"For some time now, I have been deeply concerned about our country — the growing division at home and our standing in the world,” Schultz told The New York Times following his announcement.
"One of the things I want to do in my next chapter is to figure out if there is a role I can play in giving back," he said. "I’m not exactly sure what that means yet."
Dimon said that Schultz "would be a great chief executive or governor or senator or mayor or whatever he wants to do," but added that he’s not sure that managing a business makes a person suitable for politics.
"You've got to want it," he added. "You're not going to be ordained to be the president of the United States. You've got to get out there and fight for it."
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